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North Austin Quadplex Just Off I-35 with Great MTR Potential

10209 Brownie Dr, Austin

ROI

23.11% IRR

Strategy

Mid Term Rental

North Austin quadplex just off I-35 with great MTR potential. Close to medical and tech centers. Currently occupied with long-term leases. 3,120 sq ft two story quadplex with 2 bed, 1 bath units. All currently occupied with long term leases: Units A & C $1050/mo expiring 8/23, Unit B $1200/mo expiring 10/23, Unit D $1200/mo expiring 9/24.

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North Austin Quadplex Just Off I-35 with Great MTR Potential

Listed 06/01/2023

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10209 Brownie Dr, Austin

Purchase Price:$725,000

Cash Outlay:$235,750

Cashflow:$1,629/mo

Cap Rate:8.08%

IRR:23.11%

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